Investment Opportunity
Eastwood
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Investment Strategy
Investment Duration: 5 Years
 Buy
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 Setup
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→ |
 Airbnb
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 Sell
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Property Details
City
Houston
Houston
State
TX
TX
Zip Code
77021
77021
Market Area
University Area
University Area
Beds
3
3
Baths
2
2
Area
1,570 sqft
1,570 sqft
Year Built
2026
2026
Property Type
Multi Family
Multi Family
Guests per Unit
6
6
Capital Summary
Purchase Price
$1,118,000
$1,118,000
Furnishing Cost
$80,000
$80,000
Setup Fees
$9,000
$9,000
Legal Fees
$3,000
$3,000
Total Budget
$1,230,000
$1,230,000
Expenses
| Expense | Category | Amount | Frequency |
|---|---|---|---|
| Cleaning | cleaning | $640 | monthly |
| Insurance | insurance | $2,400 | annual |
| Repairs & Maintenance | maintenance | $3,500 | annual |
| Property Management | management | 10% | monthly |
| Property Tax | taxes | 2.2% | annual |
| Utilities | utilities | $480 | monthly |
Investment Structure
Total Investment Required
$1,230,000
$1,230,000
Total Units
12
12
Price Per Unit
$100,000
$100,000
Ownership Per Unit
8.33%
8.33%
Minimum Units
1
1
Holding Period (Years)
5
5
Profitability Analysis
Total ROI
90.8%
90.8%
Cap Rate
8.31%
8.31%
Equity Multiple
1.91
1.91
Average Lifecycle ROI
18.16%
18.16%
Cash Flow
Annual Cash Flow – 5-Year Analysis
| Category | Year 0 | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
|---|---|---|---|---|---|---|---|
| INITIAL INVESTMENT (YEAR 0) | |||||||
| Purchase Price | -$1,118,000 | – | – | – | – | – | -$1,118,000 |
| Closing Costs | -$20,000 | – | – | – | – | – | -$20,000 |
| Setup Fees | -$9,000 | – | – | – | – | – | -$9,000 |
| Legal Fees | -$3,000 | – | – | – | – | – | -$3,000 |
| Rehab / Furnishing | -$80,000 | – | – | – | – | – | -$80,000 |
| Initial Reserve | – | – | – | – | – | – | – |
| Total Capital Deployed | -$1,230,000 | – | – | – | – | – | -$1,230,000 |
| BOOKING REVENUE | |||||||
| Booking Revenue | – | $204,274 | $210,487 | $216,889 | $223,486 | $230,283 | $1,085,418 |
| ↳ Unit 1 | – | $50,370 | $51,881 | $53,438 | $55,041 | $56,692 | $267,421 |
| ↳ Unit 2 | – | $50,370 | $51,881 | $53,438 | $55,041 | $56,692 | $267,421 |
| ↳ Unit 3 | – | $50,370 | $51,881 | $53,438 | $55,041 | $56,692 | $267,421 |
| ↳ Unit 4 | – | $50,370 | $51,881 | $53,438 | $55,041 | $56,692 | $267,421 |
| ↳ City / Lodging Tax | – | -$26,556 | -$27,363 | -$28,196 | -$29,053 | -$29,937 | -$141,104 |
| ↳ Platform Fees | – | -$20,427 | -$21,049 | -$21,689 | -$22,349 | -$23,028 | -$108,542 |
| Net Revenue | – | $157,291 | $162,075 | $167,004 | $172,084 | $177,318 | $835,772 |
| EXPENSES | |||||||
| Bills & Expenses | – | -$64,363 | -$64,985 | -$65,625 | -$66,285 | -$66,964 | -$328,222 |
| ↳ Property Tax | – | -$24,596 | -$24,596 | -$24,596 | -$24,596 | -$24,596 | -$122,980 |
| ↳ Insurance | – | -$2,400 | -$2,400 | -$2,400 | -$2,400 | -$2,400 | -$12,000 |
| ↳ Maintenance | – | -$3,500 | -$3,500 | -$3,500 | -$3,500 | -$3,500 | -$17,500 |
| ↳ Property Mgmt | – | -$20,427 | -$21,049 | -$21,689 | -$22,349 | -$23,028 | -$108,542 |
| ↳ Utilities | – | -$5,760 | -$5,760 | -$5,760 | -$5,760 | -$5,760 | -$28,800 |
| ↳ Cleaning | – | -$7,680 | -$7,680 | -$7,680 | -$7,680 | -$7,680 | -$38,400 |
| RETURNS | |||||||
| Income After Bills | – | $92,927 | $97,090 | $101,379 | $105,799 | $110,354 | $507,550 |
| Cash Flow | – | $92,927 | $97,090 | $101,379 | $105,799 | $110,354 | $507,550 |
| Running Total | -$1,230,000 | -$1,137,073 | -$1,039,983 | -$938,603 | -$832,804 | -$722,450 | -$722,450 |
| PROPERTY SALE – END OF YEAR 5 | |||||||
| Estimated Sale Value | – | – | – | – | – | $1,118,000 | $1,118,000 |
| Selling Costs | – | – | – | – | – | – | – |
| Net Sale Proceeds | – | – | – | – | – | $1,839,229 | $1,839,229 |
| Total Cash Received | – | – | – | – | – | $1,949,583 | $2,346,779 |